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Mitsubishi Motors (TSE:7211) Shiller PE Ratio : 28.37 (As of May. 03, 2024)


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What is Mitsubishi Motors Shiller PE Ratio?

As of today (2024-05-03), Mitsubishi Motors's current share price is 円479.40. Mitsubishi Motors's E10 for the quarter that ended in Dec. 2023 was 円16.90. Mitsubishi Motors's Shiller PE Ratio for today is 28.37.

The historical rank and industry rank for Mitsubishi Motors's Shiller PE Ratio or its related term are showing as below:

TSE:7211' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.79   Med: 13.14   Max: 33.9
Current: 27.96

During the past years, Mitsubishi Motors's highest Shiller PE Ratio was 33.90. The lowest was 1.79. And the median was 13.14.

TSE:7211's Shiller PE Ratio is ranked worse than
66.75% of 818 companies
in the Vehicles & Parts industry
Industry Median: 17.815 vs TSE:7211: 27.96

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mitsubishi Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was 円23.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円16.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Motors Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi Motors's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mitsubishi Motors Shiller PE Ratio Chart

Mitsubishi Motors Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 5.14 8.92 9.07 21.55

Mitsubishi Motors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.11 21.55 19.44 29.74 26.56

Competitive Comparison of Mitsubishi Motors's Shiller PE Ratio

For the Auto Manufacturers subindustry, Mitsubishi Motors's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Motors's Shiller PE Ratio falls into.



Mitsubishi Motors Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mitsubishi Motors's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=479.40/16.9
=28.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitsubishi Motors's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mitsubishi Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.69/106.8000*106.8000
=23.690

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Motors Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 14.120 95.700 15.758
201406 28.630 98.000 31.201
201409 33.290 98.500 36.095
201412 38.330 97.900 41.815
201503 19.909 97.900 21.719
201506 24.392 98.400 26.474
201509 28.558 98.500 30.964
201512 25.088 98.100 27.313
201603 -4.244 97.900 -4.630
201606 -131.910 98.100 -143.608
201609 -91.384 98.000 -99.590
201612 4.220 98.400 4.580
201703 9.921 98.100 10.801
201706 15.420 98.500 16.719
201709 17.050 98.800 18.431
201712 14.540 99.400 15.622
201803 25.190 99.200 27.120
201806 18.910 99.200 20.359
201809 15.890 99.900 16.988
201812 11.620 99.700 12.448
201903 42.760 99.700 45.805
201906 6.250 99.800 6.688
201909 -4.510 100.100 -4.812
201912 -9.650 100.500 -10.255
202003 -9.420 100.300 -10.030
202006 -118.360 99.900 -126.535
202009 -22.661 99.900 -24.226
202012 -22.901 99.300 -24.631
202103 -45.960 99.900 -49.134
202106 4.090 99.500 4.390
202109 10.470 100.100 11.171
202112 15.500 100.100 16.537
202203 19.680 101.100 20.790
202206 25.910 101.800 27.183
202209 29.680 103.100 30.745
202212 32.260 104.100 33.097
202303 25.510 104.400 26.096
202306 32.210 105.200 32.700
202309 13.120 106.200 13.194
202312 23.690 106.800 23.690

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mitsubishi Motors  (TSE:7211) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Mitsubishi Motors Shiller PE Ratio Related Terms

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Mitsubishi Motors (TSE:7211) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors (TSE:7211) Headlines

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